Bhakti Gems & Jewellery Ltd

Bhakti Gems & Jewellery Ltd

₹ 29.0 -0.07%
05 Dec - close price
About

Incorporated in 2010, Bhakti Gems & Gems Jewellery Ltd trades precious metals and
jewellery[1]

Key Points

Business Overview:[1][2]
BGGJL is an integrated manufacturer and wholesaler of branded jewellery and ornaments, based in Ahmedabad. Its product range includes gold jewellery, with or without precious and semi-precious stones, catering to traditional, modern, and Indo-Western tastes. The company’s traditional pieces often feature Kundan work, gemstones, American diamonds, or plain gold designs.

  • Market Cap 43.6 Cr.
  • Current Price 29.0
  • High / Low 30.0 / 10.5
  • Stock P/E 70.2
  • Book Value 16.3
  • Dividend Yield 0.00 %
  • ROCE 4.39 %
  • ROE 2.85 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Debtor days have improved from 33.3 to 25.9 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -29.9%
  • Promoter holding is low: 10.9%
  • Company has a low return on equity of 3.78% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
23.17 39.64 23.40 16.17 26.42 30.63 30.77 7.33 24.67 40.84 40.15 9.39 4.08
22.80 39.19 22.54 15.91 26.02 30.18 30.27 7.23 24.28 40.65 39.75 9.24 3.93
Operating Profit 0.37 0.45 0.86 0.26 0.40 0.45 0.50 0.10 0.39 0.19 0.40 0.15 0.15
OPM % 1.60% 1.14% 3.68% 1.61% 1.51% 1.47% 1.62% 1.36% 1.58% 0.47% 1.00% 1.60% 3.68%
0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.01 0.00 0.00 0.09 0.00 0.00
Interest 0.13 0.21 0.44 0.05 0.12 0.19 0.16 0.02 0.09 0.04 0.05 0.03 0.01
Depreciation 0.00 0.00 0.06 0.02 0.00 0.03 0.03 0.00 0.04 0.02 0.01 0.00 0.00
Profit before tax 0.24 0.24 0.36 0.19 0.28 0.23 0.33 0.09 0.26 0.13 0.43 0.12 0.14
Tax % 25.00% 45.83% 11.11% 26.32% 21.43% 52.17% 36.36% 22.22% 23.08% 15.38% 30.23% 16.67% 28.57%
0.18 0.13 0.33 0.15 0.22 0.11 0.21 0.07 0.20 0.11 0.30 0.10 0.11
EPS in Rs 0.12 0.09 0.22 0.10 0.15 0.07 0.14 0.05 0.13 0.07 0.20 0.07 0.07
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
11.22 18.40 19.30 22.80 38.85 62.28 55.04 67.90 87.76 102.91 103.99 112.98 94.46
11.14 18.36 19.25 22.59 38.56 62.15 54.75 67.49 87.28 100.91 102.37 111.90 93.57
Operating Profit 0.08 0.04 0.05 0.21 0.29 0.13 0.29 0.41 0.48 2.00 1.62 1.08 0.89
OPM % 0.71% 0.22% 0.26% 0.92% 0.75% 0.21% 0.53% 0.60% 0.55% 1.94% 1.56% 0.96% 0.94%
0.00 0.01 0.00 0.10 0.05 0.09 0.09 0.04 1.21 -0.02 0.02 0.10 0.09
Interest 0.07 0.02 0.03 0.06 0.08 0.12 0.07 0.09 0.51 0.86 0.52 0.20 0.13
Depreciation 0.00 0.00 0.00 0.01 0.01 0.01 0.01 0.01 0.02 0.07 0.08 0.07 0.03
Profit before tax 0.01 0.03 0.02 0.24 0.25 0.09 0.30 0.35 1.16 1.05 1.04 0.91 0.82
Tax % 0.00% 33.33% 0.00% 29.17% 28.00% 22.22% 23.33% 22.86% 24.14% 24.76% 25.96% 25.27%
0.00 0.01 0.01 0.17 0.19 0.07 0.23 0.26 0.88 0.80 0.78 0.68 0.62
EPS in Rs 0.00 0.20 0.11 0.20 0.16 0.05 0.15 0.17 0.59 0.53 0.52 0.45 0.41
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 20%
5 Years: 15%
3 Years: 9%
TTM: 1%
Compounded Profit Growth
10 Years: 52%
5 Years: 24%
3 Years: -8%
TTM: 5%
Stock Price CAGR
10 Years: %
5 Years: -8%
3 Years: 23%
1 Year: 82%
Return on Equity
10 Years: 3%
5 Years: 4%
3 Years: 4%
Last Year: 3%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 0.25 0.25 0.56 4.85 6.81 8.72 10.03 10.03 10.03 10.03 15.04 15.04 15.04
Reserves 0.97 0.99 2.26 1.57 3.72 5.87 4.79 5.03 5.90 6.70 8.47 9.15 9.41
0.79 2.13 1.63 0.00 2.79 3.03 0.00 7.37 13.45 8.81 1.68 1.24 0.81
1.50 0.29 0.46 0.82 1.17 0.36 0.30 0.19 0.58 0.73 0.57 0.68 1.45
Total Liabilities 3.51 3.66 4.91 7.24 14.49 17.98 15.12 22.62 29.96 26.27 25.76 26.11 26.71
0.05 0.05 0.07 0.07 0.17 0.16 0.17 0.25 0.32 1.08 1.06 1.04 1.04
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 1.65 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
3.46 3.61 4.84 7.17 12.67 17.82 14.95 22.37 29.64 25.19 24.70 25.07 25.67
Total Assets 3.51 3.66 4.91 7.24 14.49 17.98 15.12 22.62 29.96 26.27 25.76 26.11 26.71

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-0.26 -1.32 -0.70 0.87 -4.45 -6.05 0.24 -0.05 0.60 1.59 1.36 -6.65
-0.04 -0.01 -0.02 -1.74 -2.06 1.60 0.00 -0.14 -0.60 -1.61 -0.56 -0.14
0.29 1.32 0.89 0.88 6.64 4.16 0.00 -0.02 -0.01 0.00 6.02 0.00
Net Cash Flow 0.00 -0.01 0.17 0.02 0.12 -0.29 0.24 -0.20 -0.01 -0.02 6.81 -6.79

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 26.02 6.94 30.45 28.98 49.79 41.73 37.53 23.60 56.52 55.72 18.25 25.88
Inventory Days 84.13 65.45 59.12 57.18 54.44 57.53 47.81 92.63 64.08 31.33 42.14 48.83
Days Payable 23.41 2.22 8.36 11.53 7.83 1.91 1.15 0.27 2.11 1.22 0.65 0.83
Cash Conversion Cycle 86.75 70.17 81.20 74.62 96.40 97.35 84.19 115.96 118.49 85.83 59.74 73.89
Working Capital Days 89.46 69.03 79.43 71.72 69.15 80.88 95.43 79.34 64.76 55.44 54.90 74.76
ROCE % 4.36% 1.86% 1.28% 5.52% 3.34% 1.36% 2.28% 2.36% 6.45% 7.03% 6.15% 4.39%

Shareholding Pattern

Numbers in percentages

34 Recently
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
39.19% 39.19% 39.19% 40.76% 40.62% 40.39% 40.79% 40.79% 40.79% 40.79% 40.79% 10.88%
60.81% 60.81% 60.82% 59.24% 59.39% 59.61% 59.21% 59.21% 59.21% 59.20% 59.22% 89.12%
No. of Shareholders 11,79411,28711,12111,15411,20911,39011,31711,31711,79211,66011,52710,567

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